135 Lippert Dr W, Port Orchard, WA 98366

$699,000
3,440
SqFt

Listing courtesy of Windermere RE West Sound Inc..

List Price
$699,000
Status
CONTINGENT
MLS#
1574102
Days on Market
34
Style
54 - 4-Plex
Building Condition
['Good']
Finished SqFt
3,440
Lot Size (sq ft)
10,890

Property Description

Invest in the growing town of Port Orchard with this well maintained fourplex! Property has solid rental history with low vacancy rate. Identical layouts with 2 bedrooms, and 1 full bath. Two reserved parking spots for tenants' convenience. Easily access Highway 16, ferries, bases and shopping!

Additional Information

List Date
2020-03-05 00:00:00
Community
Port Orchard
Property Type
MULT
Units
4
Stories
2
Potential Terms
Cash Out, Conventional
Year Built
1984
Total Parking
8
Uncovered Parking
8
View
Territorial
Exterior
Wood
Roof
Composition
School District
South Kitsap
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$4,450
Gross Scheduled Income
$53,400
Vacancy Rate
2
Gross Adjusted Income
$52,332
Annual Taxes
$4,553
Tax Year
2019
Insurance Expense
$1,200
W/S/G Expenses
$6,900
Total Expenses
$19,901
Net Operating Income
$32,431
Gross Rent Multiplier
13
Cap Rate
4

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
1.00
Unit 1 Size
850
Unit 1 Rent
$1,100
Unit 2 Beds
2
Unit 2 Baths
1.00
Unit 2 Size
850
Unit 2 Rent
$1,100
Unit 3 Beds
2
Unit 3 Baths
1.00
Unit 3 Size
850
Unit 3 Rent
$1,100
Unit 4 Beds
2
Unit 4 Baths
1.00
Unit 4 Size
850
Unit 4 Rent
$1,150
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